The operationalization of the Fund for Responding to Loss and Damage at COP29 represents a historic turning point in global climate policy. This long-awaited development marks a significant achievement for developing countries, small island states, and vulnerable communities across the globe who have been disproportionately affected by the intensifying impacts of climate change. Spearheaded under the leadership of Azerbaijan’s COP29 Presidency, this milestone reflects a global commitment to addressing the inequities of climate change impacts while fostering hope for more inclusive, effective solutions.